Be patient, it's still going down. Take a BUY when it hits our sweet spot.
The price is testing the 4h support after a rejection from the daily static resistance and the dynamic 4h resistance. The market created a double bottom on monthly support where it found new liquidity for the new bullish impulse. How to approach it? IF the price is going to have a clear breakout from the 4h resistance and daily resistance, According to...
Yesterday we looked at the selling opportunity on EURUSD Right now, it's still valid and we could expect a further confirmation once price closes below 1,0496. Short positions with stops above yesterday's high are still on the radar. We should see a retest and then a breakout of the low - 1,0348.
✅EUR_CHF was trading in a rising wedge But now we are seeing a bearish breakout So I am bearish biased and I think That the price will fall down To retest the demand level below SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
#Bitcoin Dominance Chart Update:- BTC Dominance currently trading at 44.33% And this area is Perfect Retest Area. So Now I am expecting Upward move toward 50% Dominance Level. So If Bounce and Go toward 50% then Altcoins will be bearish and One More Bloodbath can expect. So If Dominance Above 43.50% then Not good For Altcoins. But One more thing I am tracking...
Richardson Electrics (RELL) makes components for microwaves, power grids, generators and data display monitors. The stock is a rare sign of strength in an otherwise abysmal market. RELL is completing a cup with handle pattern that began in January, and the stock is currently just 5% from new all-time highs. The relative strength line has been surging for the last...
In short term, Tesla was in a falling wedge pattern but now it has shown to be breaking out and we could expect further price up in the future.
Kellogg Company Short Term - We look to Buy at 71.09 (stop at 67.91) This stock has recently been in the news headlines. They are splitting into 3 strategic companies which will increase efficiencies. The stock reacted premarket by breaking out of the triangle formation to the upside. This is positive for sentiment and the uptrend has potential to return. We...
Hello everyone, if you like the idea, do not forget to support with a like and follow. Welcome to this quick BTC update. BTC looks good in 1hr time frame. Breaking out from the bullish expanding wedge. Looks like it is ready to test $23k-$24k level from here. If you want you can open a long position here with the SL of $20.2k If you like this idea then do...
Yesterday, we looked at both entry options on EURUSD Right now, it's more likely that we will see the one with the aggressive stop loss above 1,0610. To make an entry, it's best to wait for a candlestick with a long wick to the upside and also a close below 1,0496. Once the downside move begins, we expect to see price down at 1,0348 and eventually a breakout...
#EGLDUSDT Technical Analysis:- #EGLD Trying to Breakout and Pushing Toward 0.0035/0.0040 BTC Level. Stop Loss will be 0.0022 BTC
#Bitcoin Next Bull Run Target will be $200k+ #BTCUSDT Big Accumulation zone For Long Term Players. Always Big Players Tweeted when Bought #Bitcoin at Top ( $40k/$50k ) but now No one Posting that's Mean Buying More #bitcoins Be Smart And Invest With Patience.
We have two key price action markers on the daily timeframe. 1. Price makes an attempt to trade above previous highs and it does. However, price failed to hold above and close. 2. The subsequent candle is an indication that momentum to the downside is accelerating. With the DXY looking bearish, this is a good sign that we can expect further downside.
✅NG1! broke the key structure level While trading in an local downtrend Which makes me bearish And I think that after the retest of the broken level is complete A rebound and bearish continuation will follow SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
The key psychological level of 135 provided immediate resistance for sellers but is now showing signs of being a sell trap. Since a high amount of sellers joined at the key level and the trend line breakout, I believe liquidity will be targeted above this high before we see any signs of bearish momentum. When the liquidity has been taken, I will be looking for...
There's two options to short EURUSD The first one is an aggressive way and it's by using stops above 1,0601. This way, you'll have a good risk to reward ratio in case you're looking for a new low. It's considered aggressive because you can get stopped out but then price could easily turn around and continue lower. In this case, you'll need to look for second...
btc short support and resistance price action pull back break out trend line
While our journey continues in a long falling channel, you can profit with the micro uptrend breakouts that are forming.